Commercial property for sale in 2 Madeira Parade, Madeira Avenue, Bognor Regis PO22

£400,000
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Commercial property for sale

Property description

Residential investment - An investment opportunity to purchase four flats within the same block, all currently tenanted and producing an annual income of £31,080. This gives a yield of 7.77% based on the guide price of £400,000 | The property comprises of two ground floor flats, one first floor and one second floor, all accessed via private front doors. The property is situated on the north-east side of the seaside town of Bognor Regis in the popular residential area of Glenwood, within easy walking distance of Hotham Park, Felpham beach and the town centre with its precinct shopping facilities, range of cafes, bars, restaurants and the mainline railway station with services to London Victoria and the South Coast.

Property info

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Henry Adams - Horsham, RH12 on +44 1403 453696 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Henry Adams - Horsham, and do not constitute property particulars. Please contact Henry Adams - Horsham for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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